Search
Move-in Ready Downtown Office Space
For Lease
Contact for pricing

156 E Market St, Indianapolis, IN

Lease ready office in historic downtown Indianapolis building.

Property Size2,430 SF
Lot Size0.12 Acres
Days on Market248

Property Features for 156 E Market St

General Information

Standard status Active
Size 2,430 SF
Lot size 0.12 Acres
Property subtype OFFICE
Listing Agency: Alo Property Group
Listed By: George Sechrist · License #RB19001581
Source: Moodyscre
Added: Nov 24, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alo Property Group

Investment Insights

Based on property information with market context.

This move-in ready office space is available for lease within a historic building located in the heart of the Central Business District of Indianapolis, offering corner views. The property has been newly renovated, including the lobby, common areas, security system, a spec suite, and a new HVAC system on every floor. It is a short walk from Monument Circle, Mass Ave, City Market, and the City-County Building, providing access to numerous restaurants, banks, and hotels. Ample street parking is available, and there is also 3rd party reserved garage parking across the street. The property offers 2430 square feet of office space.

Key Highlights

  • Prime CBD Location with Corner Views
  • Newly Renovated Building (Lobby, Common Areas, Security, Spec Suite, HVAC)
  • Move‑in Ready Office Space

Property Analytics

Current Use

ATTORNEY AT LAW JOHN ... Law Firm Razumich & Associates, P.C. Law Firm Law Office of John ... Law Firm Benkie & Crawford Law Firm David E. Lewis ... Law Firm

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Tanning Salon Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,865
Businesses Nearby

Market

Lease Benchmarks for Indianapolis, IN

$21.07 /SF/Yr
Avg Asking Price
$10–$95.52 /SF/Yr
Price Range
6,646 SF
Avg Space Size

This space is priced 12% below the average of $21.07 /SF/Yr.

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Lease ready office in historic downtown Indianapolis building.
Where is this office units located?
The property is located at 156 E Market St Indianapolis, IN.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Prime CBD Location with Corner Views; Newly Renovated Building (Lobby, Common Areas, Security, Spec Suite, HVAC); Move‑in Ready Office Space
(317) 403-0903 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message